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$3,436 (target)

244 Springhill Rd, Monroe, LA 71203

3 beds • 2 baths • 1745 sqft

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This property might be a fair Mid-Term investment with a projected 5.48% first-year return on $86,649 initial cash invested.

5.48%

Cash On Cash

8.06%

Cap Rate

1.32

DSCR

$3,436

Rent

$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,436 income − $3,040 expenses = $396 cash flow

Income$3,436Mortgage P&I$1,66248%Property Taxes$943%Insurance$1173%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%Cash Flow$396

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,649

Downpayment

20%

$65,380

Closing costs

1%

$3,269

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,436

Total Expenses

$3,040

Mortgage P&I

48%

$1,662

Property Taxes

3%

$94

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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